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CBS
Nov 24, 2012 6:00pm PST
am chip reid, one day after the holiday season kickoff the nation's merchants have reason for joy, by one estimate the number of black friday shoppers was up 20 percent over the same day last year. the question now is whether shoppers can maintain the pace. terrell brown is watching the shoppers and their treasures in new york tonight. >> it is shaping up to be a record-setting opening to this holiday shopping season. one retailer at wal-mart the neigh nation's biggest said it sold nearly 5,000 items a second on thanksgiving night, as stores opened their doors this year earlier than ever. >> the pumpkin pie was barely eaten thursday night when retailers opened their doors, some as early as 8:00 and 9:00 p.m., to jump-start the holiday shopping season. >> shopping! >> people showed up a clear majority of the nation's shoppers came into the stores between thursday night and friday morning. according to an overnight survey from a research group. >> this party was by far the biggest ever and have never seen 60 percent of consumers shop over a 12 to 14 hour window like we have seen thi
FOX News
Nov 28, 2012 3:00pm PST
it pro-growth. >> on the democratic side, senate majority leader harry reid told reporters he would like credit for what congress previously cut. >> we have already done a billion dollars worth of cuts. >> today, the top democrat in the house took a similar approach. >> i think it's important to note we have already agreed to $1.5 trillion in cuts in the budget control act and other acts in this session of congress. so now we wait to see the revenue piece to that. >> asked what she would be willing to slash as part of this deal? >> we'll be talking about that later. >> rank and file house members say they realize more must be done now. >> we can means test entitlements, so for folks making $1 million year, you know, maybe they aren't able to access medicare. they have the means to buy their own healthcare. >> i know we can't afford to spend $690 billion on the defense, but there are smart ways and dumb ways to cut defense spending. for example, we still have bases all throughout western europe that there hasn't been a threat to western europe since 1989. >> beyond that, he didn't wa
Comedy Central
Nov 28, 2012 11:30pm PST
. senate democrats with harry reid leading the charge want to drastically change the filibuster in order to limit the republicans' ability to oppose certain legislation. >> stephen: yes, harry reid is trying to stop republicans from blocking certain legislation. for instance, any legislation. he's chipping away at the sacred senatorial institution known as the filibuster which allows the minority party to prevent a bill from coming to a vote simply by speaking non-stop on the senate floor. for instance, by reading the phone book. that's how, in 1974, the d.c. metro area yellow pages were signed into law. (laughter) the courts have since repeatedly upheld that clay's audio has the most far out selection of 8-tracks in town. but in 1975, this rule was changed so that a senator didn't have to actually speak, merely state his intention of launching a filibuster. a technique made famous in the classic movie "mr. smith goes to washington and expresses his intention to late dore something." (laughter) now, harry reid's doing this because he claims republicans are abusing the filibuster. >> i ha
MSNBC
Nov 27, 2012 8:00pm PST
middle class would be spending about $3,000 more. >> harry reid kept the focus on the president's winning campaign message of letting the tax cuts expire on incomes over $250,000 a year. >> the people who have done so well during this difficult time with the economy, the richest of the rich are going to have to pay a little more to solve the financial problems we have this this country. >> this is what the campaign has been all about. congressional democrats are making sure the message is simple, consistent, to the point and easy to consume. recent comments from david plouffe as well as lawmakers left the president's strategy open to interpretation. progressives were concerned the social safety net programs were on the chopping block, but today democrats were unified in their approach. they are all on the same page. the president was reluctant to agree to a deal cutting medicare and medicaid benefits. president obama is seeking $1.6 trillion in additional revenue over ten years and $340 billion in health care savings. the time says the deal would not affect benefits. that's the keyword, b
CNBC
Nov 27, 2012 3:00pm EST
reid about back of progress and his disappointment thereof. we're going to be back tomorrow. a show you must not mis, everybody. thank you so much for watching "street signs." >>> good day. welcome to "closing bell." i'm bill griffeth here at the new york stock exchange. very, very newsy day, especially in the last few minutes. we've had consumer confidence out, housing prices on the rise. a big surprise to the upside on durable goods orders. so why aren't stocks rallying right now? >> we have an answer. politicians. i'm michelle ka rue sew-cabrera. the market started pulling back after senator major lieader hary reid said he's disappointed and it's time to end the happy talk. when did that happen? look at this intraday chart, and you can tell exactly when it happened. then mitch mcconnell weighed in too. the nasdaq is lower by 1.5 points off the intrasession lows. same, similar pattern for the day. ditto in terms of the pattern for the s&p 500. lower than less than three points. >> so with all the good news on the economy out today, still no rally for stocks. is it really still all
CNBC
Nov 27, 2012 2:00pm EST
and the reason for this is that senate majority leader harry reid just moments ago said there has been little progress made recently in the fiscal cliff talk and he is disappointed with the little progress made. he said it is time to get past the happy talk. as a result, stocks taken a turn for the worse. last week, brian, stocks were up three indices by 3 to 4% on hope that we could would get some progress on these fiscal cliff talks. >> wonder who harry reid is disappointed with, given he is the senate majority leader. fess the leader of the senate circumstance disappointed with himself? congressional leaders, boehner and reid that have to lead the negotiations who is he disappointed with? yell at your party, yell at the other party, yet get in a room, play a game of jennings ga, who cares, get this thing resolved who is he disappointed with, highly confused that happens frequently. >> sit down and sort it out, all i can say. the meantime who have you got over there with you in charlotte, north carolina? >> talk about that with larry carroll. the headlines moving the market. larry ca
CNBC
Nov 29, 2012 12:00pm EST
, harry reid. in fact, harry reid is going to make some comments in a matter of moments which you will see live and will no doubt move the markets one way or the other. let's get straight to the trading action today. in front of me mike murphy, john najarian, joe terranova, josh brown. more of the same, doc. markets up on what seems to be a pretty good day. >> the more they zip it, the more we go up. as soon as they talk, we go down. it's not democrat or republican. doesn't matter if it's harry reid or if it's boehner. when they came out -- or when boehner came out and we're about to get reid as well. when boehner came out and said it's not balanced, we don't have cuts on the table, the white house is not trying, i said yesterday that this increases the gamma, the rate of change of delta. that's what gamma is. it goes up. we're seeing larger and larger risk built into this based on how long these negotiations take. if they drag it out and they don't get substantive issues on the table like cuts as well as taxes, then we're going to be closer to the cliff. that's why all these spec
FOX News
Nov 26, 2012 10:00pm PST
. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the hard left, that goes beyond the talking points of the campaign trail, and that has a realistic chance of passing the congress. the time, in other words, for campaigning is over. it's time for the president to lead. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece. and republicans should put revenue on the table. so i agree we shouldn't raise rates, but grover is wrong when it comes to we can't cap deductions and buy down debt. what do you do with the money? i will violate the pledge, long st
CNBC
Nov 29, 2012 4:00pm EST
brain, so you should ask him. >> senate majority leader harry reid digging in his heels, referring to house speaker john boehner when asked about the republican's position that the ball is in the democrat's court. he said he doesn't understand his brain. we'll hear what reid's nevada constituents think about the job he's doing. >>> also, could our debt mean the death of the dollar bill? i don't mean the value of the dollar. i mean the actual dollar bill. it may be on the endangered species list. stay with us. back in a moment. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> welcome back. chevron ceo john watson telling me exclusively today that the second largest u.s. energy company is moving forward on investments despite f
FOX News
Nov 26, 2012 6:00pm PST
too far, senate democrats with hairy reid leading the charge want to drastically change the filibuster egypt in order to oppose the republicans' opposition to certain legislation. look at what they said when president bush and the republicans were power. >> senate democrats represent the last check. republicans want to eliminate this check and give president bush power no president has ever had. the ability to hand out lifetime federal judgeships without consensus from the other party. never happened before. they think the senate should be a rubber stamp for this president -- i guess every president -- even if that president wants radical supreme court nominees and judges who will roll back our rights. >> everyone in this chamber knows that if the majority chooses to end the filibuster, if they choose to change the rules and put an end to democratic debate, then the fighting and the bitterness and the gridlock will only get worse. >> changing the rules of the senate has a long life to it. it's a precedent set in the senate that we will have to live with for decades to come.
CNBC
Nov 27, 2012 5:00pm EST
right now. >>> united we stand, divided then stocks fall. >> senate majority leader harry reid said there has been little progress made recently in the fiscal cliff talk and is disappointed with the little progress made. >> and there couldn't be more at stake. >> what is going to happen to create a credible plan that causes the corporate sector to sustain what we are seeing with the consumer. >> maybe we all need a little perspective. >> we buy stocks almost every day. but i'm confident about the american economy over the decades to come. we will have ups and downs and i can't predict them but america is a winner. >> fiscal cliff and what it means for your money on "fast money" right now. >>> live from the nasdaq market site in new york city's times square i'm melissa lee. special dividends are coming fast and furious. why apple might offer a fast payback. will the market be naughty or nice to investors. chart breaks down the technicals. forget stores and waiting in line. we are breaking down the best ways to play it. grid lock in washington dragging on stocks again today. let's go
SFGTV
Nov 28, 2012 11:00pm PST
[speaker not understood]. gregory reid and [speaker not understood]. if there are any members of the public that would like to speak, please feel free to line up after those speakers. >>> good afternoon, supervisors. my name is [speaker not understood] high tower, representing the [speaker not understood] and for the public comment i have gregory reid here. he will make the comments for the record. thank you. >> thank you. >>> good afternoon, supervisors. i'm gregory reid with a. philip randolph institute, san francisco. we are here to say we are very, very excited about this project because we're one of the cbos that worked very hard, community based organizations that worked very hard to help get the local ordinance in with this project that is now [speaker not understood] with this project. and with that, we work hard as an organization to help get -- find employment for people who are in the community, here in san francisco particularly, the bayview hunters point area as well as throughout the whole city. with all that said, though, we would like to make sure that the supervi
CNBC
Nov 29, 2012 1:00pm EST
senator harry reid here in the hallway, asking him a very specific question. i said did treasury secretary tim geithner come up here with a new specific offer for republicans? is that what he laid down on the table for speaker john boehner today? reid told me -- no, there was no specific offer here today from geithner to the republican side. he said that the president of the united states made the democrats' over two weeks ago and there's been no new specific offer since then. i think that explains a little bit of why we saw this reaction from speaker john boehner a little while after he met with geithner. take a listen to how boehner described today's events. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> sue, on a lighter note, it looks like there are negotiations going on up here. i just saw a plate of lunch being brought in to the room where we believe that sec
FOX
Nov 28, 2012 4:00am PST
and commodities took more of a downturn, possibly following comments from senate leader harry reid that budget talks may be stallng out. groupon shares rallied on word talks are underway about a new ceo. investors poured money into green mountain after the close. the stock gained 20% after hours on better-than-expected earnings. and the new apple imac will go on sale friday. larry shover of sfg alternatives joins us now for a closer look at today's trading market. good to have you on the show larry. always good to see your smile. a lot of reports were surfacing yesterday that harry reid actually moved the market because he said that talks had stalled out over the fiscal cliff. do you buy into that? > > perhaps. right now, the market seems to be shrugging its shoulders at every headline that comes in, because we are hearing so much. but what harry reid said was really a game- changer, about perhaps trying to curb filibusters. that would be a game-changer, and would put a lid on the stock market. > he could have that much power? unbelievable. all right, let's move on to our next ques
MSNBC
Nov 26, 2012 9:00pm PST
. harry reid, the democratic majority leader, wants to make some changes. debate has to start before a filibuster can begin. he might require any senator wishing to filibuster to stand up there and talk to which republicans are saying if you do that, we the minority are going to burn the place down. senator tom coburn of oklahoma saying, "i think the backlash will be severe. if you take away minority rights because that's what you're doing, you'll destroy this place. if you destroy the place, we'll do what we have to fight back." john cornyn says if democrats change the rules, it will shut down the senate, it's such an abuse of power. you might ask how their threats of a shutdown differ materially from the shutdown senate now when the minority will not allow a majority vote on anything giving them the power to control the senate. we called the two senators and asked specifically what they propose to do if they manage to tweak the filibuster. senator cornyn's office got back to us, but not with an answer. senator coburn did not respond, but he did give politico.com a hint of what he mig
FOX Business
Nov 27, 2012 10:00pm EST
negotiation, and harry reid is telling a far different stories. john boehner and his caucus, the target, again, of senator reid's blame game. the senate majority leader insistent that republicans are the only onee in the way of the deal. reid asked point blank what the first thing would be, and he offered this curious answer. >> well, remember, we've already done more than a billion dollars worth of cuts. we've already done that. we need to get some credit for that and theegotiations that take place. lo meanwhile, according to the white house, everything is not on the table, the table that a president is not scheduled to be seated at. carney confirmed that president obama will not find any extension of the bush tax cuts for the top 2% of the earners in the nation, and a look at the president's schedule for the remainder of this week shows nothing in the way of negotiations on it. the president reverting back to campaign mode as the white house decided to lobby for public support of his fiscal cliff policy positions rather than negotiate a compromise. president obama believing he
CSPAN
Nov 27, 2012 9:00am EST
, just over a half hour from now. after the gavel and majority leader reid will be recognized to speak and will likely outlined the schedule for the day which could include debate on defense programs and policy, and possibly legislation to do with equal rights, people with disabilities. centers will us from 12:30-2:15 eastern for weeks the party meetings. live coverage of the senate and members gavel in right here on c-span2. right now some debate from the floor of the senate yesterday between majority leader reid and republican leader mitch mcconnell. d, w they talkede about potentialit't changes to filibuster rules. here's some of what they had to say. >> i'd like to turn to anotheras issue that doesn't grab as manyt utadlines as these others we'veb been focus on the last few days o the mortal threat that has been quietly gathering against one of the most cherished safeguards of our government. i'm referring to the latest effort by some on the other side, most of whom have never served a day in the minority, to force a change in senate rules at the beginning of the new year that woul
FOX News
Nov 26, 2012 1:00pm PST
nothing but tax increases and harry reid would some of the senators may want to focus their attention on has announced there is no entitlement reform, so to argue that the taxpayers should take the brunt of this battle and they should not defend taxpayers but the spending interests in washington, strikes me as odd. the effort by some to get entitlement reform, the democrats have said heck no and harry reid has said it ain't happening, and they ought to look at that, rather than trying to raise taxes to pay for obama's bigger government. >>neil: do you hear it is spreading? we have chatted about this before. you were open when we chatted in washington, to talk about the cliff cliff, to not equateing bringing in causes or tax loopholes and the like and closing them off, your point was as long as it leads eventually to revamping of the tax code, but this goes beyond that, they have no quid pro quo and they are offering this, you argue, what? >>guest: well, there are two ways you can damage the economy. one is to increase marginal tax rates, everyone knows the small business groups, it wo
CSPAN
Nov 27, 2012 5:00pm EST
. thank you. i yield the floor. mr. reid: i would note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: the presiding officer: the majority leader. mr. reid: false alarm. quorum call: quorum call: mr. reid: mr. president? the presiding officer: the majority leader. mr. reid: i ask unanimous consent the call of the quorum be terminated. the presiding officer: without objection. mr. reid: i ask unanimous consent that the senate resume legislative session and the senate proceed to morning business and is allowed to speak up to ten minutes each. the presiding officer: without objection. mr. reid: i ask unanimous consent we proceed to s. 3642. the presiding officer: the clerk will report. the clerk: s. 3642, a bill to clarify the scope of the economic espionage act of 1996. the presiding officer: is there objection to proceeding to the measure? without objection. mr. reid: mr. president, i ask unanimous consent the bill be rethree times, passed, the motion to reconsider be laid on the table with no intervening action or debate, any statements be placed
CNN
Nov 27, 2012 11:00pm PST
. the dow lost nearly 90 points today. much of it in reaction to harry reid's dismal statement. i got an e-mail with it all in caps, the market is coming in on these headlines from harry reid. this matters, every word they say matters and white house press secretary jay carney was on the defense today. he pointed out as he had done yesterday that the president spoke on the phone with senate majority leader harry reid and john boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ingredient to really nailing down a fiscal cliff deal? could he end the drama right now if he stayed put in washington and held a series of face-to-face meetings with reid, mcconnell, boehner, and pelosi instead of his planned meetings this week with small b
CSPAN
Nov 25, 2012 5:15pm EST
democratic and republican leaders were trying to work out their own deal. harry reid, the democratic leader, said to the president, mr. president, could you please leave the room? i have covered presidents for four years. i know of no other time where the president was asked the meeting in his own house that he had called. i asked the president about this. i said how did it feel to be voted off the island in your own house. because that is what happened. he said that he was not going to stand on protocol, that the problem needed to be solved. but in the next day, he called democratic leaders to the white house from 6:00 o'clock on a sunday night. and harry reid is there, the house leader, the relations between and among the democrats are so not solved, that harry reid, is a chief of staff, makes a presentation on the deal if reid is trying to work out with the republicans. in the course of doing that, david corn says to the president of the united states, in the oval office is in his house, i am disappointed in this white house and you for not having a fallback plan. literally, again
CNBC
Nov 29, 2012 2:00pm EST
think it is the republicans who aren't being serious up on capitol hill. take a listen to harry reid a little while ago as well. >> republicans know where we stand. we've said it, we've said it, we've said it so many times. president has said the same thing. it's been weeks -- at least two weeks since we met at the white house. we're still waiting for a serious offer from the republicans. >> i folk harry reid here in the hallway up on capitol hill. i asked him what the offer was, if any, from treasury secretary geithner to republicans today in this series of meetings he's been having on capitol hill. reid told me that there was no offer, none from geithner specifically to republicans. what reid said to me was, look, the president of the united states made the democrats an offer and that was two weeks ago. that seems to be what's unfolding here on capitol hill. republicans frustrated they're not getting a specific offer on spending cuts from the democrats. >> eamon, you're up there all the time. right? give us a sense of hope. is there a sense behind the scenes, both parties know what t
CNBC
Nov 29, 2012 3:00pm EST
democrats of not being serious. what did the democrats have to say? well, listen to harry reid. >> republicans know where we stand. we've said it, we've said it, we've said it so many times. the president said the same thing. it's been weeks, at least two weeks, since we met at the white house. we're still waiting for a serious offer from the republicans. >> so neither the democrats nor the republicans are serious according to the democrats and the republicans. what's really going on here, guys? i think we should put it into serious context. the negotiation. both sides want more concessions from the other side than they're seeing right now. that's why you've seen these duelling press conferences. both sides trying to put the political pressure on the other to cave in here. we're not likely to see any real cave-ins any time soon on this. i talked to harry reid earlier today. i asked him whether or not tim geithner had brought a specific offer up here to the republicans from the president. he said no. no specific offer today. in fact, he said the president made the offer from the
MSNBC
Nov 26, 2012 6:00am PST
the president had agreed to in 2011. majority leader harry reid has ruled that out this time and the number two democrat durbin repeated reid's position on sunday. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things, and i believe we should, now, smaller things, played out over the longer term that gives it solvency. medicare is another story. >> there's still staff level discussions going on. and, by the way, as much as washington gets caught up in the conventional wisdom of what senators are saying, remember right now the senate are 100 ehechted pundits. the game is between the white house and house republicans for now. at some point the action could move to the senate. but right now it's about the house. it's a possibility at some point folks on capitol hill expect the white house to call another meeting of boehner, mcconnell, reid and pelosi along with the president. at some point this week. though nothing is scheduled. the first major appointment that the president makes will probably come in the next week to
FOX News
Nov 28, 2012 10:00am PST
grandfather's democratic party. what you here from barack obama, harry reid, nancy pelosi, dick durban is not lowering all tax rates to get economic growth. you have a modern democratic party that is so far to the left that they believe in sunday amount alley anti-american concepts of radical wealth redistribution in order to equalize everyone. that is not what america is all b. the leading party that is leading the country in terms of the white house and congress really believes that by force, i don't mean by military force like the old school communist and social lists did, but by force of the tax code and redistribution of policies like obamacare they intend to force that on the american people. megyn: keurs te megyn: durbin chose two good people to make that example of. people don't love and reveer the hedge fund manager, they make other people a lot of money and they make a lot of money but most people have respect for our navy seals. is he on point? >> i do think he's on point. what monica just said, radical redistribution, we are talking about the radical redistribution is going back t
CSPAN
Nov 26, 2012 12:00pm EST
more work to do. a lot more work to do. the bill, which had things as leader reid and leader durbin mentioned, had a lot of things we didn't like. it had some things we liked, particularly making sure that no benefits in medicare, social security and medicaid were cut. but it's now time for congress to get back to our regularly-scheduled programming, and that means jobs. while washington has been consumed with averting a default, our nation's unemployment problem has been worsening. it's time for jobs to be moved back to the front burn wither. with this debt reduction package completed, the decks are now cleared for a single-minded focus on jobs in september. by removing the threat of default for the next 18 months and by proving that both parties can come together to get our deficits under control, we have provided certainly to the credit markets. the debt limit agreement largely resolves the budgets for the next two years, so the wrangling over spending should be greatly reduced in coming months. we now have the chance to pivot away from budget battles to jobs. we can reset the de
CBS
Nov 21, 2012 5:30pm PST
east back from the brink. chip reid on the resignation of congressman jesse jackson, jr. the target of an ethics investigation. scott pelley with the c.e.o. of goldman sachs warning of the dangers of the fiscal cliff. >> what you won't repair is people's attitudes towards the united states. >> glor: and dean reynolds on why there's a smaller bounty to share with the hungry this thanksgiving. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening. scott's off tonight. i'm jeff glor. i eight days of bomb blasts and a celebration in gaza tonight after israel and hamas agreed to a cease-fire. a deal was announced in cairo by secretary of state hillary clinton and egypt's foreign minister. israel agreed to stop air strikes in gaza, where at least 161 palestinians have been killed since last wednesday. hamas promised to stop firing rockets which have killed five israelis. there were fears the deal might not happen after a bomb went off on a bus in tel aviv this morning. 27 people were hurt, no one has claimed responsibility. we have reports fro
CSPAN
Nov 26, 2012 11:00pm EST
for your time, your contribution. [applause] >> in a few moments senate leaders harry reid and mitch mcconnell on a possible change to set rules regarding the filibuster. forty-five minutes chief justice john roberts and the supreme court and constitutional law. after that, part of our coverage of the halifax international security forum, including a look at the u.s. role in global politics and the situation in syria. several live events tell you about tomorrow morning. former florida governor jeb bush will be speaking at the foundation for excellence in education. you can once that event here on c-span2 at 845 eastern. just after that at 9:00 a.m. eastern on c-span three the foreign policy initiative begins a daylong symposium on foreign policy. such a look at congress, national security was arizona senator john kyl. then on c-span, a forum on energy policy hosted by the bipartisan policy center. former senators and byron dorgan. that is at 10:00 a.m. eastern. >> on 16 of 17 bases in the united states we have military-run schools. the average cost to educate a child in that school p
FOX Business
Nov 27, 2012 3:00pm EST
majority leader reid says little progress is being made so the fiscal cliff remains a distinct possibility come january 1st, keeping some buyers on the side lines as well. that's what you see here. coming up, governors can't afford to stall. they have to balance their budget. day two of our governors on the edge, our series on how individual states are dealing with the budget mess. it is a fox business exclusive. delaware governor has some ideas. you have to hear what he has to say. the nasdaq, trying to tune out all the noise. if the nasdaq can turn it around and post positive gains here by the close, it will be the seventh straight day of gains, the longest winning streak in 16 months, seven days in a row, and yes, i know, positive gains is redundant. just seeing if you're paying attention. you know what? somebody is always making money. don't ever let the markets fool you. if something is down, somebody else is making money on the other side. let's find out from our traders at the new york stock exchange, cme group and the nymex for our floor show. teddy weisberg, who is mak
FOX Business
Nov 28, 2012 7:00pm EST
reid did embrace republicans who have turned against one of the party's most influential forces. >> one obstacle standing beyond congress and compromise, grover norquist. bullying lawmakers willing to put their oath of office and promised to serve constituents ahead of the pledge to lead this antitax sell it. his brand of ideological extremism has been bad for congress and work for -- worse for the country. distancing themselves this week. i appreciate that very much. lou: with the majority leader's things we turn now to the man at the center of mr. reed's spewing of vitriol, of variable stream. we are joined by grover norquist , president of americans for tax reform. i have to ask you. how does it feel to be a bully of lawmakers? i like this part especially, anti-tax sell at. the logical extremists. to find yourself is really being pointed that as the problem, not part of the solution here suddenly. how do you feel that? >> well, look. harry reid had a plan. he and obama and nancy pelosi were going to spend a great deal of money, and then they were going to turn to the republic
FOX News
Nov 27, 2012 2:00pm PST
front of them. >> we heard senator reid said when asked he couldn't name any of the cut the democrats are willing to offer in the fiscal cliff negotiations. he said, "we need to get credit for cuts previously made." this is today. the cut previously made. i'm scratching my head to figure out what cuts the democrats made prior that they want credit for. if they did make credit cuts why did we run up four more years in a row? start fresh right now. talk about cuts and then talk about how are we going to raise revenues. >> eric: what would -- >> dana: what would harry reid mean by that? get credit on cuts they made. on what? >> bob: that is a $60,000 question. i'm not sure what he is talking about. but i know there will be cuts if entitlement program. readjust in the the entitlement program. there will be a tax increase on the wealthier americans of some size. i cannot believe that obama is going to travel around the country to make us think about this. if he doesn't think he will get them to go along with some marginal increase rates. >> dana: good point. let's get your take o
CNBC
Nov 28, 2012 4:00am EST
harry reid overnight really sparked some jitters in this session today, so we have red across the board. the shanghai composite, it is well and truly below that 2011 level, shedding another .9 of a percent. the hang seng was feeling some of that pressure from chinese stocks and shedding .6 of a percent. it was the mainland banks that were the culprit. they didn't fare as badly if the mainland. some capital requirement rules are going to be implemented that are raising concerns about loans and the ability of these major banks to give out loans the remainder of year. we have the kospi in south korea down .7 of 1%. we had a north korean launch site showing increased activity. that just increased the jitters in this market. the japanese markets, they have really been on a rally, on a roll, on a tear over the last few weeks. the nikkei 225 has gained more than 9% just the last two weeks alone. the yen had something to do with this. it did strengthen a little bit against the dollar, and it continues to do so, down about half a percent as you just mentioned. so all in all, kelly, from investor
MSNBC
Nov 27, 2012 8:00am PST
harry reid, president obama, he says he wants to compromise. he says there's only two options here, take the economy off the fiscal cliff or do it my way. that doesn't sound like something he's willing to negotiate in good faith. so, listen, republicans want to restore confidence and certainty to this economy. i don't think want to play brinkmanship, the way to do this is through pro-growth tax reform. i'll quote the numbers again. you'll get ten times the amount of revenue by growing the economy, $750 billion versus the measly $68 billion that the president's proposing by punishing success. i think that would work far better. >> and you're saying revenue because by taxing the wealthiest americans, it cuts off what has been referred to as job creators from actually getting americans to work so we have more americans working that are then paying into the tax system. >> thomas, i'm one of those job creators, those small business people. i could have explained to him what's on the minds of job creators, the people that make those investment decisions and capital equipment, make the hi
CSPAN
Nov 28, 2012 9:00am EST
with disabilities. majority ritter harry reid hopes the senate to work, 2013 defense program. off of the 4 u.s. ambassador susan rice meet with republican senators discussing the september attack on the consulate in benghazi, libya and she will talk with susan collins and senator bob corker. yesterday she sat down with senator mccain, gramm and ayat. senator mccain told reporters the information she gave the american people was incorrect, but a spontaneous demonstration triggered by hateful video. it was not and there was compelling evidence that the time that was certainly not the case. the house transportation and infrastructure committee is holding at hearing on amtrak's restructuring plans. the committee will hear from the inspector general and amtrak's president and representative from the united transportation union live at 10:00 eastern on our companion network c-span. [applause] >> last night secretary of state condoleezza rice and chancellor of the new york city public schools joel kline had a somewhat on education reform in washington examining america's education system an
MSNBC
Nov 29, 2012 1:00pm PST
reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect then? >> i don't understand his brain, so you should ask him, okay? >> he's not alone. all this comes as treasury secretary tim geithner held separate meetings today with boehner, reid, nancy pelosi, and mitch mcconnell, and over at the white house spokesman jay carney said the debt ceiling should not be a pawn in any kind of fiscal gamesmanship. >> asking for a -- that a political price be paid in order for congress to do its job to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. >> now, if you're sensing a distinct lack of holiday cheer down in washington these days, take heart. because joe biden is still our vice president and no fiscal cliff fights are going to stop him from a shopping blitz at washington's new costco super store. the veep came looking for pies and left with a television, books, fire logs, and a huge smile trailed by a horde of surprised shoppers. >> just walking thr
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